Form 4: Pinnacle Financial Partners Director Glenda Baskin Glover Acquires Shares
SEC Form 4 Filing
Director Glenda Baskin Glover acquired 701 shares of Pinnacle Financial Partners Inc. (PNFP) common stock on March 1, 2025.
Summary
- On March 1, 2025, Glenda Baskin Glover, a director of Pinnacle Financial Partners Inc. (PNFP), acquired 701 shares of PNFP common stock.
- The shares were acquired at a price of $0.
- Following the transaction, Glover directly owns 12,943 shares of PNFP common stock.
- The acquired shares have restrictions that lapse on March 1, 2026, based on attendance at Pinnacle Board and Committee meetings.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating a director's share acquisition, which can be interpreted as a positive sign of confidence, but without further context, it's difficult to gauge the overall impact.
Positives
- The director's acquisition of shares could be seen as a positive signal, indicating confidence in the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This filing indicates a director's recent acquisition of company stock.
Stakeholder Impact
- The acquisition of shares by a director could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction: Glenda Baskin Glover acquired 701 shares of PNFP common stock. |
| 03/03/2025 | Date of signature on the Form 4 filing. |
| 03/01/2026 | Date when restrictions on the acquired shares lapse, contingent on meeting attendance. |
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